Blu Label makes R4.9-billion loss

• Blu Label's net loss for the year ended 31 May 2026 was R4.88 billion, primarily due to the costly restructuring of Cell C.
• The company's revenue declined 7% to R13.05 billion, and the group experienced a general and sustained decline in its financial growth.
• The Blu Label board approved a gross dividend of 10 cents per ordinary share, despite the financial hit, and Cell C is now no longer technically insolvent after the debt-waiver agreement.